CostIndexUSA

Bakersfield, CA vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostCA
Bakersfield
100.9
overall index
$1,750/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Bakersfield and Colorado Springs have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+28.7%
Bakersfield
90.3
Colorado Springs
116.2
🛒 Groceries−8.7%
Bakersfield
105.2
Colorado Springs
96.1
🚗 Transportation≈ Equal
Bakersfield
105.3
Colorado Springs
104.8
🏥 Healthcare≈ Equal
Bakersfield
95.3
Colorado Springs
94.8
⚡ Utilities−47.4%
Bakersfield
158.3
Colorado Springs
83.2

Salary Equivalency Calculator

Enter your current salary in Bakersfield to see what you'd need to earn in Colorado Springs to maintain the same purchasing power.

$
→
Equivalent salary in Colorado Springs, CO
$79,800
$200 less needed in Colorado Springs

Formula: salary × (100.7 ÷ 100.9) = salary × 0.9980. Based on BEA Regional Price Parities.

Housing Market

Bakersfield, CA

Median Home Price
$358,000
Median Monthly Rent
$1,750
Housing Index
90.3
Price-to-Rent Ratio
17.0×

Colorado Springs, CO

Median Home Price
$448,000
Median Monthly Rent
$1,675
Housing Index
116.2
Price-to-Rent Ratio
22.3×

Colorado Springs has 28.7% higher housing costs compared to Bakersfield.

Income & Job Market

Bakersfield, CA

Median Household Income
$68,900
Per Capita Income
$39,300
Unemployment Rate
8.4%
Population
384,145
Top Industries
AgricultureEnergyHealthcareLogisticsManufacturing

Colorado Springs, CO

Median Household Income
$89,800
Per Capita Income
$51,200
Unemployment Rate
4.2%
Population
478,961
Top Industries
MilitaryAerospaceTechnologyHealthcareTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bakersfield, CA
3.3×income-to-rent ratio

70% of income left after rent (median)

Colorado Springs, CO
4.5×income-to-rent ratio

78% of income left after rent (median)

Bakersfield vs other cities

Bakersfield, CA
vs
Anaheim, CA
Index: 100.9Index: 113.6
Bakersfield, CA
vs
Chico, CA
Index: 100.9Index: 101.2
Bakersfield, CA
vs
Corona, CA
Index: 100.9Index: 106.4
Bakersfield, CA
vs
New Orleans, LA
Index: 100.9Index: 92.6
Bakersfield, CA
vs
Arlington, TX
Index: 100.9Index: 103.1

Colorado Springs vs other cities

Colorado Springs, CO
vs
Aurora, CO
Index: 100.7Index: 105.8
Colorado Springs, CO
vs
Boulder, CO
Index: 100.7Index: 105.2
Colorado Springs, CO
vs
Denver, CO
Index: 100.7Index: 105.8
Colorado Springs, CO
vs
Omaha, NE
Index: 100.7Index: 91.9
Colorado Springs, CO
vs
Raleigh, NC
Index: 100.7Index: 98.2

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.